Folks, we are in the midst of a gold boom. The recent M&A activity in the sector, beefed by the news overnight about AVO - its happening!
Great for AAG - it holds three whole goldfields. Avoca have turned their company into the behemoth it is now by revisiting old assets, doing some good work on them and discovering a large extensions to previously mined deposits. When things hot up and people want to find more gold, they go to where its been found in the past and only been lightly picked over.
AAG is perfectly placed to take advantage of this new boom as it has resource base, grade, location, experience all on its side.
Whether AAG develop and mine or someone takes them out - its all good for the shareholder because the project is a cracker!
AAG Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
